Blue Lagoon Resources (CSE:BLLG)

Blue Lagoon Resources: Summer 2025 Production-ready Gold Producer in British Columbia

Blue Lagoon Resources (CSE:BLLG, OTCQB:BLAGF,FSE:7BL) is poised to become British Columbia’s next high-grade underground gold producer. The company’s 100 percent-owned Dome Mountain Gold Mine has reached a major milestone with the receipt of a full BC mining permit—paving the way for near-term production.

With production on the horizon, early cash flow will be reinvested to grow the existing high-grade resource and advance exploration across the company’s expansive land package. This strategy positions Blue Lagoon as a low-risk, high-upside opportunity in a strengthening gold price environment.

Backed by strong insider ownership, low capital intensity, and a clear path to production, Blue Lagoon is successfully transitioning from a junior explorer to a gold producer.

Blue Lagoon Resources' Dome Mountain gold project

The Dome Mountain Gold Project is the company’s flagship asset and sole focus—a rare, near-production opportunity in one of Canada’s top mining jurisdictions. Located just 50 minutes from the mining-friendly town of Smithers, BC, the project covers nearly 21,000 hectares in a prolific gold belt with excellent infrastructure, road access, and power.

Dome Mountain has a storied history, with over $80 million in historic investment by major players like Noranda and Timmins, as well as over $30 million invested by Blue Lagoon since 2019.

Company Highlights

  • One of only seven precious metal projects permitted in British Columbia over the last decade. Dome Mountain is set to restart in Q3 2025 with all major permits in hand.
  • First gold sales expected in Q3 2025; initial production of 15,000 oz gold/year from 55,000 tons of underground mineralized material.
  • Toll milling agreement in place with Nicola Mining; pre-production capex limited to the completion of a water treatment plant.
  • Property spans nearly 22,000 hectares with 15 known high-grade veins, but only 10 percent has been explored.
  • Strong alignment with shareholder value, Blue Lagoon’s strategy is to minimize dilution by funding exploration through mine cash flow.
  • Strong working relationship with Lake Babine Nation and full community support.

This Blue Lagoon Resources profile is part of a paid investor education campaign.*

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Blue Lagoon Resources (CSE:BLLG)

Blue Lagoon Resources

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Summer 2025 production ready gold producer in British Columbia with significant exploration upside

Blue Lagoon Closes Final Tranche Of Financing - Fully Funded To Commence Production

Blue Lagoon Closes Final Tranche Of Financing - Fully Funded To Commence Production

April 29, 2025 TheNewswire Vancouver, British Columbia Blue Lagoon Resources Inc. (the " Company ") (CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) is pleased to announce that it has completed the final tranche of its previously announced private placement financing (see news releases dated February 24 and March 31, 2025) by issuing 8,900,000 units ("Units") at a price of $0.25 per Unit for gross proceeds of $2,225,000 (the "Offering"). This brings the total proceeds raised across four tranches to $4,871,750.

The final tranche was subscribed for entirely by existing shareholders and strategic investors, including Crescat Capital and Nicola Mining, both of whom increased their positions in the Company. The Offering was met with strong demand and was oversubscribed .

News Provided by TheNewsWire via QuoteMedia

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Blue Lagoon Announces Final Tranche Of Private Placement

Blue Lagoon Announces Final Tranche Of Private Placement

(TheNewswire)

Blue Lagoon Resources Inc.

April 16, 2025 Vancouver, British Columbia TheNewswire - Blue Lagoon Resources Inc. (the " Company ") (CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) is pleased to announce that it will be completing a final tranche of its previously announced private placement financing (see news releases Feb 24 and March 31) by issuing up to 7,200,000 units (" Units ") at a price of $0.25 per Unit for gross proceeds of up to $ 1,800,000 (the " Offering "). The Offering is in addition to the $2,646,750 raised across three previous tranches for a total of $4,446,750 to be raised by the Company.

News Provided by TheNewsWire via QuoteMedia

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Blue Lagoon Continues to Strengthen Treasury to Fund Final Preparations of Mine Site and Initial Working Capital to Fund Commencement of Production

Blue Lagoon Continues to Strengthen Treasury to Fund Final Preparations of Mine Site and Initial Working Capital to Fund Commencement of Production

(TheNewswire)

Blue Lagoon Resources Inc.

March 31, 2025 TheNewswire - Vancouver, British Columbia Blue Lagoon Resources Inc. (the "Company") (CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) is pleased to announce that it has closed a third tranche of its previously announced non-brokered private placement (the "Offering"), bringing the total funds raised across the three tranches to $2,646,750 .

News Provided by TheNewsWire via QuoteMedia

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Blue Lagoon Resources Strengthens Mining Committee

Blue Lagoon Resources Strengthens Mining Committee

(TheNewswire)

Blue Lagoon Resources Inc.

March 24, 2025 TheNewswire - Vancouver, British Columbia Blue Lagoon Resources Inc. (the "Company") (CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) is pleased to announce the addition of Peter Bojtos, P.Eng to its recently formed Mining Committee that is tasked with successfully guiding the Company's transition from an exploration-focused company to a near-term gold and silver producer at its 100%-owned Dome Mountain Gold Project in British Columbia.

News Provided by TheNewsWire via QuoteMedia

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Blue Lagoon Completes Second Tranche of Private Placement - Crescat Capital, Phoenix Gold Fund and Nicola Mining Increase Their Positions.

Blue Lagoon Completes Second Tranche of Private Placement - Crescat Capital, Phoenix Gold Fund and Nicola Mining Increase Their Positions.

(TheNewswire)

Blue Lagoon Resources Inc.

March 17, 2025 Vancouver, British Columbia TheNewswire - Blue Lagoon Resources Inc. (the "Company") (CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) is pleased to announce that it has closed a second tranche of its previously announced non-brokered private placement (the "Offering"), bringing the total funds raised across both tranches to $1,297,500 .

News Provided by TheNewsWire via QuoteMedia

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Canadian Gold Corp Announces Strategic Investor Robert McEwen Exercises 3,571,450 Warrants Increasing Ownership to 32.9%"

Canadian Gold Corp Announces Strategic Investor Robert McEwen Exercises 3,571,450 Warrants Increasing Ownership to 32.9%"

Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") announces that Robert McEwen, the Company's largest shareholder, has exercised 3,571,450 share purchase warrants at $0.215 per share for proceeds totalling $767,861.75. Mr. McEwen now owns 32.9% of the Company's outstanding shares, in addition to McEwen Mining Inc., where Mr. McEwen is Chairman and CEO, owning 5.7% of the outstanding shares. In total, 4,608,884 share purchase warrants expiring in May 2025 have been exercised to date, for proceeds totalling $990,910.06. The Company now has 205,797,884 shares outstanding, and its treasury totals approximately $3.9 million, which includes the recent grant from the Manitoba Mineral Development Fund.

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Brixton Metals Provides Exploration Plans for Gold and Copper Drill Targets for its Fully Funded 2025 Program at its Thorn Project

Brixton Metals Provides Exploration Plans for Gold and Copper Drill Targets for its Fully Funded 2025 Program at its Thorn Project

Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the " Company " or " Brixton ") is pleased to announce its 2025 exploration plans for its wholly owned Thorn Copper-Gold Project. The 2945 square kilometer project is located in Northwest British Columbia, Canada, approximately 90km northeast from Juneau, AK.

Highlights of Exploration Plan for 2025:

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Abcourt Closes $4.6 M Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

Abcourt Mines Inc. (" Abcourt " or the " Corporation ") (TSX Venture: ABI) (OTCQB: ABMBF) is pleased to announce that it has closed an additional tranche of its previously announced non-brokered private placement, for additional gross proceeds of $4,613,004 (the " Private Placement ") from the sale of the following:

News Provided by GlobeNewswire via QuoteMedia

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Iceni Gold Limited

RC Drilling Delivers High-Grade Gold Intersection at Guyer

Iceni Gold Limited (ASX: ICL) (Iceni or the Company) is pleased to report the latest RC drill results from the Guyer Prospect, which is subject to a Farm-in Agreement with Gold Road Resources (ASX:GOR). Guyer is within the Company’s flagship 14 Mile Well Gold Project, located between Leonora and Laverton.

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Gareth Soloway, chief market strategist at VerifiedInvesting.com, shares his thoughts on gold.

His technical analysis shows the US$3,100 to US$3,140 per ounce area will be important to watch for gold moving forward — in his view, that's when bullish players should start re-entering the space.

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Blue Lagoon Resources

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